Irish Sun
First published 1880 Thursday 18th March 2010 Issue 077/8
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Irish air travellers stay homeIrish air travellers stay home
Air traffic in Ireland has slumped considerably over the past...


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Imf Gives Green Light To 350m-euro Loan For Serbia
The IMF gave high marks to Serbia's recent economic performance, good enough for another standby loan. But Serbia needs to do more to overcome its crisis and fulfill requirements set by the Fund, IMF...
Greece, The Euro, And The Battle Of Jutland
No Comments German Chancellor Merkel, Greek Prime Minister Papandreou and French President Sarkozy discussing the Greek crisis last month During the in 1916 or Skagerrakschlacht as it is known in...
Ba, Union Resume Talks To Try To Halt Strike
By Jim Drury LONDON, March 18 (Reuters) - British Airways (BA) and the Unite union have resumed talks to try to avert a weekend strike by cabin crew that would embarrass the ruling Labour...
Ford Cites Progress On Volvo As Geely Sees ‘very Tough’ Talks
March 18 (Bloomberg) -- Ford Motor Co. Chief Executive Officer Alan Mulally said talks to sell the automaker’s Volvo unit to Zhejiang Geely Holding Group Co. are proceeding, while the chairman...
Papandreou Seeks Eu Aid Deadline, Challenging Merkel
March 18 (Bloomberg) -- Greek Prime Minister George Papandreou set a one-week deadline for the European Union to craft a financial aid mechanism for Greece, challenging Germany to give up its doubts...
France Telecom Is Being Investigated For Manslaughter
March 18 (Bloomberg) -- France Telecom SA is being investigated for “reckless manslaughter” after preliminary inquiries found there may be links between an employee’s suicide and...
Dollar Extends Gains Versus Euro
NEW YORK (MarketWatch) -- The dollar extended gains against the euro in late morning trading on Thursday after a spokeswoman for the International Monetary Fund said Greece hasn't approached the IMF...
Euro Rscg Worldwide Leaders Propel Nyu Students Into Social Media
NEW YORK, March 18 /PRNewswire/ -- Euro RSCG Worldwide announced today that two of the company's top leaders will be teaching two online courses at New York University: Examining Social Media...
Bg Bid Talk Helps Fire Up Ftse
Leading shares have turned positive after a downbeat start, with a bit of bid speculation to liven things up. That takeover favourite BG is back in the frame, with its shares up 27p to £12 on talk...
Ba, Union Resume Talks To Avert Strike: Reports
LONDON, March 18 (Reuters) - British Airways (BA) and the Unite union have resumed talks to try to avert a planned weekend strike by cabin crew, British media reported on Thursday. The BBC quoted...
Ukraine Seeks Funding Abroad As Imf Poised To Return
March 18 (Bloomberg) -- Ukraine is planning a return to capital markets outside its borders as early as May after the International Monetary Fund indicated it is close to resuming cooperation with...
Gaza Rocket Attack Kills Foreign Worker In Israel
(Adds statement of responsibility for attack in second paragraph, Ashton’s comments in eighth and ninth.) By Calev Ben-David and Saud Abu...
Adult Theaters’ Private Cubicles Can’t Get Tax Cut
March 18 (Bloomberg) -- Adult theaters with “private cubicles” can’t benefit from a lower sales tax rate usually reserved for cinemas, the European Union’s highest court said...
Ubi 4% Higher On Bourses In Debut Trade
MUMBAI: State-run United Bank of India today made an impressive debut on the bourses by closing 4 per cent higher at Rs 68.80 over its issue price. The scrip closed at Rs 68.80, up by 4 per...
Court Awards €4.5m To Crash Victim
The High Court has approved a settlement of €4.5m in the case of a 25-year-old woman who was severely injured in a car accident in 2006. Claire Noone from Summerhill in Co Meath needs...
Doubts On Greece Hurt Euro
LONDON - The vicious circle over Greek borrowing was spinning again on Thursday: Greece's bond yields rose, making it more expensive for the country to borrow, after its prime minister complained...
Greek Pm: Need Firmer Rescue Plan From Eurozone
BRUSSELS -- Greece's Prime Minister George Papandreou said Thursday his country needs a firmer eurozone bailout plan to lift market pressure on his government and lower its borrowing rates. He told a...
Euro Weakens As Greek Aid Plan Falters; Stocks, Crude Decline
March 18 (Bloomberg) -- The euro weakened and Greek stocks and bonds fell on concern a bailout plan for the regions most indebted country is unravelling. The yen and dollar appreciated while oil...
Euro May Climb Toward $1.3840, Socgen Says: Technical Analysis
March 18 (Bloomberg) -- The euro may advance against the dollar if it stays above so-called support levels including the March 15 low of $1.3640, Societe Generale SA said, citing technical...
Enel Earnings Rise 2 Percent Due To Overseas Revenue
MILAN - Italian energy company Enel says its 2009 earnings rose 2 percent on revenues earned in its overseas investments which offset decreases in electricity demand in its key Italian...
Former Chairman Of Anglo Irish Bank Arrested
By Andras Gergely DUBLIN, March 18 (Reuters) - Police have arrested Sean FitzPatrick, the former chairman of Anglo Irish Bank, sources said, the first casualty of a fraud investigation seen as...
Do Global Regulators Have Collective Amnesia?
A year is a long time in the markets and it seems to have been long enough for global policymakers to forget they promised to work together on financial...
Israel's Teva To Buy German Drug Maker
FRANKFURT - Israeli drug maker Teva has beaten out rivals Pfizer and Actavis to acquire German generic drug maker Ratiopharm GmbH — in a deal announced Thursday worth some euro3.6 billion, or...
Russia, Un Focus On Restarting Mideast Peace Talks
MOSCOW - Russia and the United Nations vowed Thursday to resuscitate Israeli-Palestinian peace talks, whose prospects collapsed following Israel's announcement it would build new homes in east...
Plane Forced To Land On Frozen Estonian Lake
TALLINN, Estonia - A cargo plane with engine and landing gear problems made an emergency landing Thursday on the frozen surface of a lake outside the Estonian capital, authorities...
Euro Falls On Concern Greece Will Struggle To Resolve Deficit
March 18 (Bloomberg) -- The euro weakened for a second day against the dollar and yen amid concern Greece will fail to secure financial assistance from the European Union, reducing the appeal of...
Glance-ftse Edges Up; Drugmakers, Oils Firm; Banks Weak
By Tricia Wright LONDON, March 18 (Reuters) - Britain's top share index edged 0.2 percent higher in midday trade on Thursday, driven by strength from drugmakers and energy stocks, while banks fell...
<font Color="#996633" Face="times New Roman,times,times Newroman">currencies: Dollar Up As Euro-zone Tensions Rise Over Greece</font>
The dollar gained ground versus the European single currency and most other major rivals Thursday amid signs of increasing tensions within the euro zone over an aid plan for the debt-strapped Greek...
Eurozone Trade Balance Swings To Deficit In January
(RTTNews) - The Eurozone trade balance swung to a deficit in January, as the export value contracted notably, data released by the European Union statistical office showed Thursday. The...
Uk Public Sector Debt At 60% Of Gdp In February
Public sector debt in the United Kingdom climbed above 60 percent of GDP in February as government agencies borrowed another 12.4 billion pounds ($19 billion), the Office for National Statistics said...
Uk Public Sector Debt Climbs Above 60 Pct Of Gdp
tax revenues and, to a lesser extent, revisions to net investment. The February borrowing raised total net debt to 857.7 billion pounds, equal to 60.3 percent of gross domestic product, up from 59.9...
European Stocks Slip On Doubts Over Greek Rescue
's CAC-40 fell 0.3 percent to 3,945.32. The 16-nation euro bought $1.3674 in morning European trading Thursday, down from $1.3753 the night before in New York. Investor sentiment was hit by the...
Ex-barclays Tailor, Mosquera Start Bank Hedge Fund
March 18 (Bloomberg) -- Rupesh Tailor and Jose Mosquera, who worked together as credit traders at Barclays Capital, are starting a regulated hedge fund in Madrid to bet on a shake-up of the banking...
Euro Sinks On Greek Concerns
single currency tumbled to 1.3648 dollars. It later stood at 1.3673 dollars, down from 1.3735 late in New York on Wednesday."All this talk of a bail-out plan had been buoying the euro but the...
Teva Secures €3.5bn Ratiopharm Deal
Teva of Israel has won the auction for German generic drug maker Ratiopharm after making a last-minute bid of €3.5bn.The deal, which is due to be announced on Thursday, marks the last stages of the...
Euro Zone Back Into Trade Deficit In January
The euro zone flipped back into a trade deficit of €8.9 billion in January, after posting a €4.1 billion surplus in December, official data show today. The euro zone economy posted a...
Novartis Receives Approval In The European Union For Menveo, F...
Company: Novartis AG (NVS) Novartis International AG / Novartis receives approval in the European Union for Menveo(R), first quadrivalent conjugate vaccine in the EU to help prevent meningococcal...
Euro Drops Versus Dollar, Yen Amid Uncertainty Over Greece Aid
March 18 (Bloomberg) -- The euro fell for a second day against the dollar and yen amid concern Greece will fail to secure financial assistance from the European Union, reducing the appeal of assets...
World Stock Markets Mostly Lower As Euro Slides Amid Concerns About Greece
HONG KONG - World stock markets fell Thursday and the euro weakened after Greece said it might seek international assistance to resolve its debt crisis. The downward trade in Asia and Europe came...
Ftse 100 Stocks Dip At Open
LONDON (AFP) – Leading shares dipped at the open on Thursday as profit-takers moved to cash in on the previous day's gains. ...